SPYSOX down over 10% today. Sheesh. The market may need some relief tomorrow, but if that’s the case, I expect the Fed to flush it down again. Essentially expecting the inverse of whatever happens tomorrow to be the move on Wednesday.
SOX Daily has been trending since 1/13. Already it has hit my Gartley target (point D). Now it is flagging at a key Gann Confluence line at 3105. Flags like this usually break to the upside. SOX usually LEADS SPY, just sayin".